Virgin Galactic Holdings (HAM:0QL0) Research & Development: €46.31 Mil (TTM As of Mar. 2026)


HAM:0QL0 Virgin Galactic Holdings Inc HAM:0QL0
69 GF Score
Price €2.51
GF Value €3.49
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Virgin Galactic Holdings Research & Development?

Virgin Galactic Holdings HAM:0QL0 -3.83% 69 Research & Development is €46.31 Mil as of Mar. 2026. GuruFocus rates HAM:0QL0 with a GF Score™ of 69/100 and a GF Value™ of €3.49 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Virgin Galactic Holdings's Research & Development for the three months ended in Mar. 2026 was €5.81 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €46.31 Mil.

Virgin Galactic Holdings  (HAM:0QL0) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Virgin Galactic Holdings Research & Development Related Terms

Virgin Galactic Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Virgin Galactic Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Virgin Galactic Holdings Research & Development Chart

Virgin Galactic Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 127.64 296.58 270.64 145.81 68.72

Virgin Galactic Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.81 17.45 12.74 10.32 5.81
HAM:0QL0
69GF Score
Virgin Galactic Holdings Inc HAM:0QL0
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Virgin Galactic Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €46.31 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €46.31 Mil mean?
Virgin Galactic Holdings (HAM:0QL0) has a Research & Development of €46.31 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Virgin Galactic Holdings and its competitors.
Is Virgin Galactic Holdings' Research & Development too high?
Virgin Galactic Holdings' current Research & Development is €46.31 Mil. Overall, Virgin Galactic Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virgin Galactic Holdings' Research & Development compare to PKE and RGR?
Virgin Galactic Holdings' Research & Development of €46.31 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Aerospace & Defense company?
A good Research & Development depends on the Aerospace & Defense industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Virgin Galactic Holdings and its competitors. Virgin Galactic Holdings's current Research & Development is €46.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virgin Galactic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Virgin Galactic Holdings (HAM:0QL0) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.49, compared to a current price of €2.51 — trading 28% below its estimated fair value. The current Research & Development is €46.31 Mil. Virgin Galactic Holdings' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Virgin Galactic Holdings (HAM:0QL0), the current Research & Development is €46.31 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virgin Galactic Holdings (HAM:0QL0) Overvalued in 2026?

Based on GuruFocus' analysis, Virgin Galactic Holdings stock appears to be undervalued. The current stock price of €2.51 is trading 28% below its estimated GF Value™ of €3.49. GuruFocus considers Virgin Galactic Holdings to be Modestly Undervalued.

Key valuation signals for HAM:0QL0:

  • Research & Development: €46.31 Mil
  • GF Value™: €3.49 vs. price of €2.51 (28% below fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the HAM:0QL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Virgin Galactic Holdings Business Description

Address 1700 Flight Way, Tustin, CA, USA, 92782
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
69GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.51
Price
€3.49
GF Value